Insurance-cover for motor-vehicles

Kashmir Times. Dated: 7/14/2018 8:30:01 AM

Dear Editor,
It refers to welcome observation of a bench of Madras High Court that the center should amend Motor Vehicles Act to make it mandatory for every vehicle to purchase comprehensive insurance policy rather than just third-party one so tat each occupant is eligible for compensation in case of death and injury, further giving an idea for a life-time comprehensive policy at time of purchase of vehicle to avoid people forgetting renewal of insurance-policies.
System will be like paying one-time road-tax abolishing cumbersome practice of paying road-tax quarterly or annually. People buying vehicles will also not mind paying extra at time of purchase of vehicles to avoid renewal of insurance-policies every year. It will be also in interest of road-users especially pedestrians where claims for accidental-victims will be quickly settled because of life-time comprehensive insurance-cover of the vehicles involved in accidents.
—Subhash Chandra Agrawal,
1775 Kucha Lattushah
Dariba, Chandni Chowk Delhi.

 

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